First Pass

22 stories from 11 sources

Corporate leaders redesign control, succession, and growth strategies

Day’s Recap

Supporting Articles

Two key members of Tata Trusts are challenging Noel Tata over a restructuring plan they say he advanced without adequate consultation. The dispute extends a leadership conflict at Tata Group into the charitable institutions that control its ownership interests.

3:37 AMBloomberg Markets

Ryan Roslansky is leaving Microsoft after nearly 18 years across LinkedIn and the broader company. His exit follows the departures of gaming chief Phil Spencer and Office leader Rajesh Jha, while security chief Charlie Bell has moved to an individual-contributor role.

3:36 PMCNBC

RSM has begun sounding out banks and upgrading its internal systems as it considers a potential stock market listing. The move would give the accounting firm another source of capital as private equity-backed competitors expand.

12:00 AMFinancial Times

Paramount’s David Ellison has tapped Mattel CEO Ynon Kreiz as his No. 2 and co-CEO. Kreiz has built a career around unconventional bets, including the revival of Barbie and a café encounter that led to an unexpected hire.

11:35 AMFortune

Speculation about a leadership challenge to Goldman Sachs CEO David Solomon lacks credible evidence, according to the article. It argues that the focus on an alleged internal rival obscures the firm’s strong performance under Solomon.

6:30 AMFortune

John Waldron is viewed by one leading Wall Street analyst as unusually removed from the stereotypical finance executive. Despite that outsider-like demeanor, his record at Goldman Sachs has placed him in contention to become the bank's next CEO.

3:00 AMFortune

Other Developments

A curated list of other prominent stories from this day.

Howard Hughes has named Kaminski president of its Arizona region. Kaminski will lead strategy and operations for Teravalis, a 37,000-acre master-planned community in Buckeye.

4:47 PMHousing Wire

Gary Muto, a former executive at Ascena, Ann Taylor and Gap, is joining Billy Reid as chief executive officer. He sees substantial room to expand the menswear brand as it enters its next phase.

4:29 PMWWD

Garg says a consent solicitation received more than 50% support and could remove five Better directors. A third-party inspector is reviewing the results before the outcome is confirmed.

3:57 PMHousing Wire

Keurig Dr Pepper hired an executive from Kimberly-Clark as both companies finalize leadership structures ahead of planned restructuring and mergers and acquisitions. The moves come as each business prepares to align its organization with broader strategic changes.

2:30 PMConsumer Goods Technology

Sony Pictures Television distribution and networks co-president Mike Wald will retire after 32 years, with Jason Spivak and Paul Littmann taking over as presidents. The change follows the recent departure of executive vice president of North America Distribution Flory Bramnick.

1:30 PMVariety

STRATMOR Group has hired Coby Hakalir as managing director. He will advise mortgage lenders, investors, and real estate firms on growth and technology.

1:18 PMHousing Wire

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